Todd and I talk about success and failure, the importance of family and priorities, entrepreneurial challenges, the role of social media in business, personal values and principles, and the foundational importance of a Mastermind group to success.
Key quote in our conversation: “Be patient for results and impatient for actions that produce results.”
Check out Todd's podcast - he has had some amazing guests and sight filled discussions.
None of our team had any startup experience. We learned how to think and work like a startup and as a team as we went. We made significant mistakes along the way.
I also learned more than at any time in my life. Here's 5 key takeaways for entrepreneurs.
Early in a startup's life, it is difficult to raise funds from professional investors. There's just not enough proof that your idea will gain traction and provide the returns experienced investors need. Banks won't loan money unless the business has collateral to protect their funds.
As a result, entrepreneurs turn to friends and family members for loans and small investments to get them through these early stages. This is a viable, but risky strategy. I've put together 7 common pitfalls to avoid with friends and family funds.
The best way is to build a great company first.
During the webinar, he'll open up his online course for the first time ever. I've had a sneak peak over the past two months, and the course ROCKS. As a result, I have developed an organizational system using Evernote that supports my professional and personal life.
If you are thinking "I already know how to use Evernote" - that's what I thought too. Check out Andy's video "40 Things Content Creators Can Use Evernote For" ( http://ow.ly/Mw1Cw ) to get a sampling of how valuable the webinar and the Master Evernote course will be for you.
Click the link below to register.
I'll be sitting in on the webinar to learn too. Send me a message and let me know what you think if you register for the webinar.
1) Going from a Fortune 100 company to a startup
2) What I would do differently moving to a startup next time, and
3) 5 things successful entrepreneurs do that drive results
I also prepared a special page on my website for Small Business Revival listeners with a custom developed PDF "5 Things Every Business Owner Should Outsource Right Now To Be More Successful" plus other helpfukl resources and links. You can link to that special listener page from Brian's show notes, linked here.
My eBook "Pitch Your Best!" is FREE on Amazon today.
Are you pitching your business to family members or investors? Perhaps you are pitching an internal project to your boss, executive committee or Board of Directors. Regardless of who your audience is, Pitch Your Best! will help you prepare for and deliver a great pitch as you seek support and resources for your vision.
- TechColumbusVice President, Community Partner Ventures, 2013 - presentMy primary role is to find, support, mentor, coach, incubate, and fund high growth potential companies in Central Ohio. In this capacity, my experience in business formation, commercialization strategies, and capital planning helps accelerate companies toward success.
- TechColumbusVenture Development Director, 2008 - 2013
I have helped to build and sell a start-up company, directed technology programs in a major financial institution and consulted with companies throughout the United States in the areas of technology, finance, marketing and operations.
Currently, I am Vice President of Community Partner Ventures with TechColumbus working alongside entrepreneurs who are building start-up companies. TechColumbus runs a successful incubator program and helps entrepreneurs build great companies.
My role is to find, support, mentor, coach, incubate, and fund high growth potential companies in Central Ohio. In this capacity, my experience in business formation, commercialization strategies, and capital planning helps accelerate companies toward success.
I am passionate about mentoring and supporting entrepreneurs, helping them to determine how best to accomplish their goals. I have assisted entrepreneurs with nearly 1,000 pitches, helping entrepreneurs to hone their message and delivery to attract partners, employees and investors. Many of these entrepreneurs have raised funds from TechColumbus, angels and angel groups.
I consider myself a seasoned entrepreneur having invested five years with a start-up company that developed law enforcement information sharing software. The company was sold to investors in 2007 and is still in business. I received and offer to join the TechColumbus team, one of our investors, shortly after the sale.
Prior to the startup, I was Technology Program Director at Bank One for three years overseeing technology acquisition, development and implementation. Previous to that, I was with Ernst & Young and KPMG Peat Marwick a total of eight years. At E&Y, I focused on emerging, entrepreneurial and high growth companies, providing consulting expertise in technology transition, software design, selection & implementation, and business process re-engineering. While at KPMG, I focused on technology implementation in manufacturing, supply chain management and warehousing.
I am a 1985 graduate of Denison University, with a B.A. in Economics, and a 1991 graduate of The Ohio State University, with an MBA in Finance and Operations.
- Ohio State UniversityMBA - Finance, 1990 - 1991
- Denison UniversityEconomics, 1981 - 1985
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This presentation is an interactive session at the Ohio Growth Summit 2014 and is for the entrepreneur who wants to improve their ability to